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Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from
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Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue
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Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. Picking the wrong platform could potentially lead down a road riddled with hacks, distractions and wasted effort.When looking for the right exchange, interested parties must first know what
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Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is
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Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar.The price is facing a few strong resistances near $148, $150 and $152.There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price
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Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook. Source
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Ethereum is declining and it recently traded below the $148 support against the US Dollar.The price is currently below $145 and it seems like there is a risk of more downsides.Yesterday’s key bearish trend line is active with resistance near $147 on the hourly chart of ETH/USD (data feed via
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As prices slowly recover following a rough November, metrics for bitcoin and Ethereum illustrate positive industry sentiment moving forward.These metrics include measures related to active addresses, fees, movement, mining, and more, as outlined in Coin Metrics’ State of the Network: Issue 28.Ethereum Activity In the past 24 hours, over 70,000
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Ripple price is struggling to stay above the $0.2180 support area against the US dollar.The price is likely to face resistance near the $0.2230 and $0.2240 levels.Yesterday’s key bearish trend line is intact with resistance near $0.2230 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum also
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As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
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